The Indian auto market is growing very fast and every car manufacturers are planning expansion for the Indian market. Moreover, the small car segment in India is the latest attraction. India is already an export hub for small cars for Suzuki and now Hyundai also moved its complete manufacturing base for small cars to India. Presently models like i10, Getz and Santro are manufactured in India. In 2007, the demand for small cars had not been much in China but is now expected to bounce back in the coming years. In Japan, the mini car sales accounts for at least 1/3rd of the total car sales. Currently India shines as one of the largest producers of the small cars in the world. Nearly 3/4th of the auto market in India accounts the small car segment. And this outstanding growth in the small car segment has flattered the major players like Nissan, Renault, Toyota, VW, etc to sit up and take notice. Tata's Nano has already been a show stealer. With the stage set, India is expected to witness more than dozen small or compact cars in the auto market. The list of up coming cars in India in this segment are Maruti A-Star, Maruti Splash, VW Up!, Bajaj small car and many more. In the small car segment, Maruti Suzuki already dominates by holding 60% of the share for small cars in India. |